Annual Financial Report

"We are pleased to announce that Diamond Bank has exceeded its N30 billion profit guidance to return a profit before tax of N32 billion in 2013.

This result is rooted in our strength to attract low-cost deposits and deploy these into various assets at profitable yet acceptable risk levels.

Despite the challenging operating environment, we continue to advance our competitive advantage with above industry balance sheet growth.

We will continue to explore all opportunities to grow our business and market share responsibly as we leverage on our growing customer relationships, enhanced by our expansive delivery channels and excellent service delivery.

Dr. Alex Otti

Group Managing Director/CEO

Key Ratios & Per Share Data

• Capital Adequacy Ratio of 18.0% (17.3% Dec 2012)

• Loan to deposit ratio at 59.6% (67.1% Dec 2012)

• Liquidity ratio of 42.4% (42.3% Dec 2012)

• Cost of risk 3.5% (3.3% Dec 2012)

• Coverage Ratio of 115.9% (88.9% Dec 2012)

• Net Interest Margin of 8.1% (9.9% Dec 2012)

• Cost to income ratio of 60.3% (60.6% Dec 2012)

• NPL ratio of 3.5% (4.7 % Dec 2012)

• ROAE of 23% (22.7% Dec 2012)

• EPS of 190(k)

• DEPS of 171(k)

Operational highlights

· Won the IFC Award for Best Issuing Partner

Bank in the sub-Saharan Africa, 2013

· Won the World Finance Group Award for the best Oil & Gas Investment in 2013 (2nd year running)

· Received PCIDSS certification status

For the detailed Profit and Loss account, Balance Sheet, Cashflow statement and notes to accounts, please visit our website - http://www.diamondbank.com

Group Statement of Comprehensive Income

Group Statement of Financial Position

About Diamond Bank plc

Diamond Bank Plc began as a private limited liability company on March 21, 1991 (the company was incorporated on December 20, 1990). Ten years later, in February 2001, it became a universal bank. In January 2005, following a highly successful Private Placement share offer which substantially raised the Bank's equity base, Diamond Bank became a public limited company. In May 2005, the Bank was listed on The Nigerian Stock Exchange.

Today, Diamond Bank is one of the leading banks in Nigeria - respected for its excellent service delivery, driven by innovation and operating on the most advanced banking technology platform in the market. Diamond Bank has over the years leveraged on its underlying resilience to grow its asset base and to successfully retain its key business relationships.

We have retained excellent banking relationships with a number of well-known international banks, allowing us to provide a bouquet of world class banking services to suit the business needs of our clients. These international banking partners include Diamond bank UK, Bank of Beirut; Banque Libano-Francaise, BHF Bank, BNP Fortis, BNP Paribas, Byblos Bank, Citibank, Commerzbank, Credit Suisse, Deutsche Bank, FBN (UK) Limited, HSBC Bank, ING Bank, KBC Bank, Mashreq Bank, Nordea Bank, SMBC Ltd, Standard Bank, Standard Chartered, Svenska Handelsbanken, UBS Zurich.

More information can be found at www.diamondbank.com